I am one of nine children, and my father and mother had to learn how to "spread the wealth" even when there wasn't a lot to spread around. This took a lot of skill, a significant amount of effort, and even a little bit of luck. It taught me and my siblings the value of money, but also sharing and sacrifice.

It wasn't called "financial planning" back then, but that's exactly what my parents were doing. My father was the primary breadwinner. My mother was the family's CEO -- she made sure that the money we had was put to good use. And indeed it was. They paid the bills, sent us to college and saved for a comfortable retirement.

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